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TransAmerican Energy Logs Significant Oil and Gas Zones at Morton Field

TransAmerican Energy Inc. (TSX VENTURE: TAE) ("TransAmerican" or the "Company") announces that we successfully cleaned out the previously drilled Ashland Rogers 10-4 well at Morton Field, Scott County, Mississippi to a depth of 14,700 feet and ran evaluation logs.

A Baker-Atlas pulsed neutron log reveals over 300 feet of apparently undrained hydrocarbons in an interval immediately below previous perforations of 14342-48. Those perforations initially yielded over 600 barrels of oil per day in 1977.

Mr. Gilbert Talafuse, the Company's geologist, reported that in addition to the above interval, numerous other zones appear to be productive in the well.

TransAmerican is installing test tanks and facilities and plans to test the well immediately. Results will be announced upon completion.

Please visit the Company's website at www.TransAmericanEnergy.com.

ON BEHALF OF THE BOARD

Gilbert Talafuse, Director

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